Kawasaki's China Venture Delays Dock
According to a July 13 report from the Taiwan News, Kawasaki Heavy Industries' shipbuilding venture in China will delay operations of a second dock in Dalian by three years as the global recession dries up demand. The second dock, originally slated for operations in early 2012, may be postponed until 2015, said Yusuke Kamada, a spokesman at Kobe, Japan-based Kawasaki.
(Source: Taiwan News)